Give the formulae for the following ratios: (a). Gross margin (b). Return on capital employed (c). Current
Question:
Give the formulae for the following ratios:
(a). Gross margin
(b). Return on capital employed
(c). Current ratio
(d). Liquid (acid test) ratio
(e). Trade receivables turnover
(f). Trade payables turnover
(g). Inventory turnover.
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Related Book For
Cambridge International As And A Level Accounting Revision Guide
ISBN: 9781444192001
1st Edition
Authors: Ian Harrison, Michael Hillman
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